501/425 Plenty Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

501/425 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 66m2
Land area: 543m2
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Property Details for 501/425 Plenty Rd, Preston

501/425 Plenty Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2022. The property has a land size of 543m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2022
Floor Size
66m2
Land Size
543m2
Local Government
Darebin
Lot/Plan
501/PS808702

Last Listing description (October 2023)

Enjoying an elevated exclusive fifth floor position, with incredible views, this stunning apartment offers an exceptional lifestyle opportunity for home buyers or investors. Immediately welcoming the stylish interior is beautifully presented and opens to a light filled contemporary open plan kitchen, living (with built in entertainment unit) and dining area with floor to ceiling glass sliding doors overlooking the full width east facing balcony with spectacular views to the Dandenong Ranges. The well-designed luxury kitchen includes custom built cabinetry, quality Bosch appliances and ample storage. The apartment is further complemented by two large, well separated bedrooms with built-in robes, balcony access and the main with ensuite, plus a central bathroom and separate European laundry. Other features include split system heating and cooling, video intercom entry, secure car space, storage cage, balcony with sink and barbecue included. In the heart of popular Preston just leave the car at home and walk to local bars, cafes, High Street, Preston Market, trams, trains, schools, and parks.

Property History for 501/425 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$595,000
28 Sep 2023
  • 28 Sep 2023
    Sold for $595,000
  • 13 Jul 2023
    Listed for Sale Under Offer
  • 05 Feb 2019
    Sold for $554,250
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation.In 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.

Preston has 21,619 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:

  • The median value for Houses in Preston is $1,228,630 while the median value for Units is $652,709.
  • Houses have a median rent of $695 while Units have a median rent of $550.
There are currently 71 properties listed for sale, and 47 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 940 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.